APPRAISER CERTIFICATION AND LICENSURE BOARD

(1) There are three categories of appraisers
in Oregon; state licensed appraiser, state certified residential appraiser, and
state certified general appraiser.

(2) Unlicensed/Uncertified
individuals may assist in the preparation of an appraisal, but are not allowed to
sign the appraisal report.

(3) The application process
has three components: Education, Experience and Examination. Appraisers in Oregon
must demonstrate competency by meeting prerequisite qualifying or continuing education,
experience and examination requirements established by the Board. On all initial
and upgrade applications for credentialing, the Board must:

(a) Use a reliable means
of approving appraiser experience;

(b) Select the work product
to be analyzed for USPAP compliance;

(c) Analyze a representative
sample of the applicant’s work product;

(d) Exercise due diligence
to determine whether submitted documents of work product or experience demonstrates
compliance with USPAP.

(4) All licenses and certificates
are subject to renewal every two years on or before the last day of the license
or certificate holder’s birth month.

(a) Each license or certificate
may be renewed upon receipt of the renewal fee specified in OAR 161-003-0020, a
complete renewal application that includes a current, recognizable, passport style
color photograph of the applicant (taken within 30 days preceding receipt of the
application), evidence of the completion of continuing education requirements as
provided in 161-020-0150, and the fee. The completed application, fee, and evidence
of continuing education requirements must be received in the Board office on or
before the expiration date of the license to be considered timely. If the expiration
date falls on a weekend or legal holiday, the renewal application must be received
no later than 5:00 p.m. on the next business day following the date of expiration.

(b) Renewal applications
received after the expiration date and within one (1) year of the date of expiration
shall be assessed a late fee in addition to the renewal fee. It is unlawful for
any appraiser to engage in, carry on, advertise or purport to engage in or carry
on real estate appraisal activity within this state after a license or certificate
has expired and prior to properly renewing the expired license or certificate.

(c) If an appraiser fails
to renew their license or certificate within one year from the date of expiration,
the status of the license or certificate becomes terminated and they must reapply
pursuant to OAR 161-010-0020 through 161-010-0065.

(d) Licensees on active duty
with the United States Armed Forces at the time of renewal may, upon written request
to the Board, be provided a military deferral allowing for their otherwise complete
application, including fee and evidence of continuing education, to be considered
timely if received by the Board within 180 days of release from active duty.

(5) Each licensee shall notify
the Board within thirty (30) days of any disciplinary action imposed in any other
state in which the person holds a license or certificate.

As a prerequisite to taking the applicable
appraisal examination, the applicant shall present evidence of satisfactory completion
of acceptable appraisal experience. An hour of experience is defined as verifiable
time spent performing tasks in accordance with acceptable appraisal experience,
as defined in OAR 161-010-0020, and does not include travel time. Education cannot
be substituted for experience. Acceptable appraisal experience must meet the following
criteria:

(2) An appraiser who signs
a real property appraisal report prepared by another, even under the label of “review
appraiser”, must accept full responsibility for the contents of the report.
This will appropriately be considered as appraisal experience.

Prerequisite Experience and Education
Requirements for State Certified General Appraisers

As a prerequisite to taking the examination
for certification as a State Certified General Appraiser, an applicant shall present
evidence satisfactory to the Administrator that the applicant has:

(1) At least 3,000 cumulative
hours of acceptable appraisal experience, including at least 1,500 hours of appraisal
experience in non-residential appraising. “Cumulative” is defined as
meaning that experience may be acquired over any time period of at least thirty
(30) months.

(a) Applicants whose initial
State Licensed Appraiser or State Certified Residential Appraiser credential was
issued by the Board, and not by another state licensing agency, are only required
to submit an experience log that documents completion of an additional 1,500 hours
of non-residential appraisal experience.

(b) Applicants who hold an
active Oregon State Licensed Appraiser or a State Certified Residential Appraiser
credential obtained through reciprocity or in accordance with OAR 161-015-0025,
are only required to submit an experience log that documents completion of an additional
1,500 hours of non-residential appraisal experience. Additionally, the applicant
must provide evidence to the Board, from the State issuing the applicant’s
initial credential, documenting that the initial credential was approved and issued
to the applicant based upon an experience log rather than an experience-related
affidavit.

(c) Applicants who cannot
fulfill the requirements in paragraph (1)(a) or (b) above, must complete an experience
log documenting at least 3,000 cumulative hours of acceptable appraisal experience
as set forth in paragraph (1) above.

(2) Successfully completed
not less than 300 class hours of acceptable appraisal courses as set forth in OAR
161-020-0110(2)(c)), with the following exceptions as noted in paragraphs (2)(a),
(2)(b) or (2)(c) below. Each applicant shall have successfully completed the 15-hour
Appraisal Foundation’s National USPAP Course, or its equivalent, within four
(4) years preceding the date of application and have successfully passed an examination
thereon.

(a) Applicants holding a
valid Oregon Appraiser Assistant registration may satisfy the educational requirements
for the State Certified General Appraiser credential by completing the following
additional education hours:

(A) Course(s) on General
Appraiser Market Analysis and Highest and Best Use (30 hours in not less than 15
hour increments);

(B) Course(s) on Statistics,
Modeling and Finance (15 hours);

(C) Course(s) on General
Appraiser Sales Comparison Approach (30 hours in not less than 15 hour increments);

(D) Course(s) on General
Appraiser Site Valuation and Cost Approach (30 hours in not less than 15 hour increments);

(E) Course(s) on General
Appraiser Income Approach (60 hours in not less than 15 hour increments);

(F) Course(s) on General
Appraiser Report Writing and Case Studies (30 hours in not less than 15 hour increments);

(G) Electives (30 hours in
not less than 15 hour increments).

(b) Applicants holding a
valid Oregon State Licensed Appraiser credential may satisfy the educational requirements
for the State Certified General Appraiser credential by completing the following
additional education hours:

(A) Course(s) on General
Appraiser Market Analysis and Highest and Best Use (15 hours);

(c) Applicants holding a
valid Oregon State Certified Residential Appraiser credential may satisfy the educational
requirements for the State Certified General Appraiser credential by completing
the following additional education hours:

(A) Course(s) on General
Appraiser Market Analysis and Highest and Best Use (15 hours);

Prerequisite
Experience and Education Requirements for State Certified Residential Appraisers

As a prerequisite to taking the examination
for certification as a State Certified Residential Appraiser, an applicant shall
present evidence satisfactory to the Administrator that the applicant has:

(1) At least 2,500 cumulative
hours of acceptable appraisal experience. “Cumulative” is defined as
meaning that experience may be acquired over any time period of at least twenty-four
(24) months.

(a) Applicants whose initial
State Licensed Appraiser credential was issued by the Board, and not by another
state licensing agency, are only required to submit an experience log that documents
completion of an additional 500 hours of appraisal experience.

(b) Applicants who hold an
active Oregon State Licensed Appraiser credential obtained through reciprocity or
in accordance with OAR 161-015-0025, are only required to submit an experience log
that documents completion of an additional 500 hours of appraisal experience. Additionally,
the applicant must provide evidence to the Board, from the State issuing the applicant’s
initial credential, documenting that the initial credential was approved and issued
to the applicant based upon an experience log rather than an experience-related
affidavit.

(c) Applicants who cannot
fulfill the requirements in paragraph (1)(a) or (b) above, must complete an experience
log documenting at least 2,500 cumulative hours of acceptable appraisal experience
as set forth in paragraph (1) above.

(2) Successfully completed
not less than 200 class hours of acceptable appraisal courses as set forth in OAR
161-020-0110(2)(b), with the following exceptions as noted in paragraphs (2)(a)
or (2)(b) below. Each applicant shall have successfully completed the 15-hour Appraisal
Foundation’s National USPAP Course, or its equivalent, within four (4) years
preceding the date of application and have successfully passed an examination thereon.

(a) Applicants holding a
valid Oregon Appraiser Assistant registration may satisfy the educational requirements
for the State Certified Residential Appraiser credential by completing the following
additional education hours:

(A) Course(s) on Residential
Market Analysis and Highest and Best Use (15 hours);

(b) Applicants holding a
valid Oregon State Licensed Appraiser credential may satisfy the educational requirements
for the State Certified Residential Appraiser credential by completing the following
additional education hours:

(3) Successfully completed
not less than 150 classroom hours of acceptable appraisal courses as set forth in
OAR 161-020-0110(2)(b), with the following exceptions as noted in paragraphs (3)(a)
below. Each applicant shall have successfully completed the 15-hour Appraisal Foundation’s
National USPAP Course, or its equivalent, within four (4) years preceding the date
of application and have successfully passed an examination thereon.

(a) Applicants holding a
valid Oregon Appraiser Assistant Registration may satisfy the educational requirements
for the State Licensed Appraiser credential by completing the following additional
education hours:

(A) Course(s) on Residential
Market Analysis and Highest and Best Use (15 hours);

(1) A person desiring to participate
in an appraiser training program must register with the Board and work under the
direct supervision of one or more licensees who are in good standing with the Board,
has been certified with the Board for a minimum of, three (3) years and has a supervising
appraiser endorsement. Experience gained prior to registration will be not accepted.

(2) Prior to registering
with the Board, an Appraiser Assistant applicant must complete 75 creditable hours
of qualifying education and pass the applicable final examinations. The following
qualifying education must be completed within the time frame specified:

(a)15-hour Appraisal Foundation’s
National USPAP course, or its equivalent, within two (2) years preceding the date
of application;

(b) 30-hour Basic Appraisal
Principles course within five (5) years preceding the date of application. The five-year
requirement does not apply to licensees that register as an Appraiser Assistant
to upgrade their license or certificate;

(c) 30-hour Basic Appraisal
Procedures course within five (5) years preceding the date of application. The five-year
requirement does not apply to licensees that register as an Appraiser Assistant
to upgrade their license or certificate; and

(d) Complete a minimum of
four (4) hours of an AQB approved Supervising Appraiser/Appraiser Assistant training
course and successfully pass the final exam.

(e) Make arrangements with
one or more licensees, with a Supervising Appraiser Endorsement, who agree to directly
supervise their real estate appraisal activities.

(3) The applicant must submit
an Appraiser Assistant Registration Application that meets the requirements of OAR
161-015-0010(1) through (5) and includes a non-refundable application fee and a
copy of their supervising appraiser’s endorsement as described on the application
form.

(4) An applicant must be
at least 18 years of age.

(5) An applicant must be
a citizen of the United States or have the legal authority to work in the United
States.

(6) The Appraiser Assistant
Registration must be renewed on an annual basis. The renewal application must be
submitted on the prescribed form and include the following:

(a) Verification of successful
completion of the Appraisal Foundation’s National USPAP Update course or its
equivalent, if applicable (required during the second year and every two years thereafter);

(b) Verification of successful
completion of no less than fourteen hours of qualifying or continuing education.
The fourteen (14) education hours may include the USPAP Update course and must be
obtained on or after the date their last registration was issued.

(7) During the period beginning
on the day following the expiration date of the registration, and ending on the
date of the renewal of the registration, an Appraiser Assistant will not receive
experience credit for any experience accrued during the lapse in registration.
If the Appraiser Assistant fails to renew the registration within one year from
the expiration date, the registration is terminated and a new application must be
submitted pursuant to ORS 161-010-0080.

(8) Appraiser Assistants
on active duty with the United States Armed Forces at the time of renewal may, upon
written request to the Board, be provided a military deferral allowing for their
otherwise complete application, including fee and evidence of continuing education,
to be considered timely if received by the Board within 180 days of release from
active duty.

(9) An applicant may submit
a written request to withdraw their application at any time prior to an official
action being taken by the Board.

Any licensee wishing to supervise a
new appraiser assistant, must first apply for and receive a Supervising Appraiser
Endorsement.

(1) In order to receive a
Supervising Appraiser Endorsement, the applicant must:

(a) Be state certified for
a minimum of three (3) years in the State of Oregon prior to being eligible to become
a Supervisory Appraiser.

(b) Be in good standing and
not subject to any disciplinary action within any jurisdiction for a period of at
least 3 years that affects the Supervisory Appraiser’s legal eligibility to
engage in appraisal practice.

(c) Complete a minimum of
four (4) hours of an AQB approved Supervising Appraiser/Appraiser Assistant Training
Course and successfully pass the final exam prior to making application. A prior
Supervising Appraiser/Appraiser Assistant Training Course and exam completed for
purposes of registering as an appraiser assistant will not count towards obtaining
a Supervising Appraiser Endorsement. Supervising appraisers who have taken a non-AQB
approved course, must, after January 1, 2015 complete an approved AQB course before
supervising any new appraiser assistants.

(d) Submit a completed Supervising
Appraiser Endorsement application that includes the following:

(A) Non-refundable application
fee as described on the application form; and

The official copy of an Oregon Administrative Rule is
contained in the Administrative Order filed at the Archives Division,
800 Summer St. NE, Salem, Oregon 97310. Any discrepancies with the
published version are satisfied in favor of the Administrative Order.
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